Experience the Benefits of Banking Locally

While big banks have an undeniable gravitational pull, attracting customers with their perceived power and reach, size is not everything when it comes to your money. Local banks can impact you and your community in ways that are large and lasting—and in ways that the larger banks cannot. 

That being said, let’s talk about the benefits of banking locally for you, your children, and your community.

When you open a checking or savings account at your local bank, you are more than just an account number to the people working there—you are a member of the community the bank serves. Because of this, the service is more personal, and the people you interact with more attentive. It is a joy to build a relationship with a bank that cares about you and your community!

Speaking of your family, if you have teenagers who are new to the working world, opening checking and savings accounts for them at a local bank is a great way to teach financial responsibility. Rates and fees can be lower at local banks, so your teens can learn the ropes of money management without incurring the costs associated with accounts at big banks. Teens who learn to save eventually become young adults who are prepared to succeed financially when it is time for college.

If it is time for your teen to go to college, opening accounts for them means giving your student access to the savings of banking locally even if he/she moves away. Big banks are not the only ones with online banking, after all! In the event that your student needs an infusion of cash when unexpected expenses arise, maintaining an account at your local bank means you can make deposits into his/her account if he/she needs a lifeline.

When it comes to your community, banking locally means supporting a financial organization that knows the needs of your area, and is best suited to enrich it when people like you use its services. You see, big banks with branches and offices across the nation send customer money all over the country for various purposes, while local banks keep customer money in the community, benefiting the economy of the place you call home. Banking locally also means jobs for bank employees in the region—maybe even a job for you or your teenager, who’s interested in becoming a customer service representative or loan officer.

Make an appointment to open a checking or savings account with First National Bank of Sycamore today to experience the benefits of banking locally. We look forward to answering any questions you have, welcoming you to our family of customers, and walking alongside you on your life’s financial journey.